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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
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What is the Digital Assets Platform Being Discussed by the BRICS Group?
The BRICS group is considering the creation of a digital assets platform to reduce reliance on US dollars for international transactions. President Putin has expressed his support for this initiative, emphasising that digital currencies could benefit not only BRICS nations but also other developing economies.
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Paytm UPI Statement Download Feature Introduced to Help Users Track Transactions
Paytm, the digital payments company, introduced a new unified payments interface (UPI) feature on Wednesday. The new feature, dubbed UPI statement download, allows users to get a detailed statement of their transaction history for the desired period. The service is available to all users without any cost. The company highlighted that the feature wi...
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Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
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UPI Sets New Record With 16.5 Billion Transactions Worth Rs 23 Lakh Crore In October
The Unified Payments Interface (UPI)-based digital transactions continued to surge and in the month of October, the country saw 16.58 billion transactions worth Rs 23.5 lakh crore, the highest numbers since the UPI became operational in April 2016.
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The Benefits Of Using UPI Wallets For Hassle-Free Transactions
The Unified Payments Interface (UPI) has transformed how people handle payments in India. It has made digital transactions as easy as tapping your smartphone.
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Viral Video Shows People Scanning Their Palms To Pay At Shop In China
A viral clip showing a unique "palm payment" method in action has taken Instagram by storm. It was shared by Pakistani influencer, Rana Hamza Saif.
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RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
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Blog | This Is What Happened When I Ditched E-Payments For Cash
By mid-month, I'd check my bank account and would be overcome by a wave of dread. My expenses had skyrocketed.
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Discover Flipkart Pay: The Ultimate Guide To Seamless Digital Transactions
Are you looking for a feature in Flipkart where you can buy products in Flipkart but can purchase through EMI without any tension? Then we have a solution for your problem start shopping without any tension by buying products through Flipkart
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UPI Circle Launched: What Is It, How Does It Work And Other Details
The National Payments Corporation of India (NPCI) has launched a new feature called "UPI Circle", aimed at enhancing digital payment accessibility.
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Rs 81 Lakh Crore Worth Transactions Processed By UPI In April-July
Surpassing world's leading digital payments platforms, India's Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent increase (year-on-year).
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RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
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"Daily UPI Transactions In India Equal To European Union Population": PM Modi
Speaking at the Indian Diaspora event in Warsaw on Wednesday, Prime Minister Narendra Modi highlighted the significance of digital transactions by drawing a comparison.
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Paytm To Sell Entertainment Ticketing Business To Zomato For Rs 2,048 Crore
Food delivery platform Zomato said on Wednesday it will acquire the movie and events ticketing businesses of digital payments firm Paytm for a combined Rs 2048 crore.
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EBA Establishes Stricter Oversight for Firms Handling Crypto-Assets and Payments: Details
The European Banking Authority (EBA) has directed payment service providers to screen all firms seeking to register their businesses in EU member states. Additionally, EU lawmakers have mandated that virtual digital asset service providers (VASPs) conduct comprehensive due diligence, including detailed risk assessments.
-
What is the Digital Assets Platform Being Discussed by the BRICS Group?
The BRICS group is considering the creation of a digital assets platform to reduce reliance on US dollars for international transactions. President Putin has expressed his support for this initiative, emphasising that digital currencies could benefit not only BRICS nations but also other developing economies.
-
Paytm UPI Statement Download Feature Introduced to Help Users Track Transactions
Paytm, the digital payments company, introduced a new unified payments interface (UPI) feature on Wednesday. The new feature, dubbed UPI statement download, allows users to get a detailed statement of their transaction history for the desired period. The service is available to all users without any cost. The company highlighted that the feature wi...
-
Huawei’s HarmonyOS Next Reportedly Gains Support for China’s Digital Yuan
Huawei’s HarmonyOS Next now reportedly offers support for China’s e-CNY CBDC. The aim here is to drive widespread adoption of the digital currency. As one of China’s leading smartphone brands, Huawei reportedly serves nearly a billion users, potentially enabling broad access to the e-CNY and accelerating its reach to the masses.
-
UPI Sets New Record With 16.5 Billion Transactions Worth Rs 23 Lakh Crore In October
The Unified Payments Interface (UPI)-based digital transactions continued to surge and in the month of October, the country saw 16.58 billion transactions worth Rs 23.5 lakh crore, the highest numbers since the UPI became operational in April 2016.
-
The Benefits Of Using UPI Wallets For Hassle-Free Transactions
The Unified Payments Interface (UPI) has transformed how people handle payments in India. It has made digital transactions as easy as tapping your smartphone.
-
Viral Video Shows People Scanning Their Palms To Pay At Shop In China
A viral clip showing a unique "palm payment" method in action has taken Instagram by storm. It was shared by Pakistani influencer, Rana Hamza Saif.
-
RBI Governor Highlights Need for Faster Remittance Settlements Amid Advancing eRupee Trials
Speaking about the eRupee CBDC, RBI Governer Shaktikanta Das emphasised that it plays a key role in India's "world-class digital public infrastructure" (DPI), which has enabled the creation of various digital financial products. He highlighted that developing protocols like the eRupee is essential for enabling real-time, cost-effective cross-border...
-
Blog | This Is What Happened When I Ditched E-Payments For Cash
By mid-month, I'd check my bank account and would be overcome by a wave of dread. My expenses had skyrocketed.
-
Discover Flipkart Pay: The Ultimate Guide To Seamless Digital Transactions
Are you looking for a feature in Flipkart where you can buy products in Flipkart but can purchase through EMI without any tension? Then we have a solution for your problem start shopping without any tension by buying products through Flipkart
-
UPI Circle Launched: What Is It, How Does It Work And Other Details
The National Payments Corporation of India (NPCI) has launched a new feature called "UPI Circle", aimed at enhancing digital payment accessibility.
-
Rs 81 Lakh Crore Worth Transactions Processed By UPI In April-July
Surpassing world's leading digital payments platforms, India's Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent increase (year-on-year).
-
RBI's CBDC Yet Another Step in Taking Indian Payments Ahead, JPMorgan Blockchain Head Says
RBI's approach towards exploring the inclusion of the eRupee into the existing financial system has garnered applaud from Maveen Mallela, the global co-head of JPMorgan’s blockchain and digital currency unit called ‘Onyx’. The CBDCs is yet another step in taking Indian payments ahead, he said.
-
"Daily UPI Transactions In India Equal To European Union Population": PM Modi
Speaking at the Indian Diaspora event in Warsaw on Wednesday, Prime Minister Narendra Modi highlighted the significance of digital transactions by drawing a comparison.
-
Paytm To Sell Entertainment Ticketing Business To Zomato For Rs 2,048 Crore
Food delivery platform Zomato said on Wednesday it will acquire the movie and events ticketing businesses of digital payments firm Paytm for a combined Rs 2048 crore.
